A cash gift is the most convenient and simplest way to give.
Many gifts of appreciated stocks, bonds and mutual funds result in a charitable deduction for the full market value of the donated asset and minimize capital gains taxes.
We offer you the opportunity to easily donate your property. A gift of real estate to the Greater Green Bay Community Foundation offers a way to unlock the full appraised value of a property. You can gain significant tax advantages, and at the same time, build a charitable legacy to support your favored charitable organizations for years to come.
Many people find that the protection offered by life insurance policies is no longer needed later in life. At that time, a life insurance policy can become an ideal tool for charitable giving. A few steps need to be taken to donate a life insurance policy. You start by irrevocably assigning your insurance policy to the Greater Green Bay Community Foundation and naming it as the sole beneficiary. You can make annual tax-deductible contributions to cover the policy's annual premium. Or, if the policy is paid up, you will receive an immediate tax deduction in an amount equal to the policy's cash surrender value.
A charitable bequest in your will is the most popular way to give later. It is easy to do and allows you to use your assets while you are living and reduce the amount of estate tax paid by your estate.
You can leave a percentage of your estate, a fixed dollar amount or other property to the Greater Green Bay Community Foundation in your will. You specify how you want your gift to be used, and the Foundation will honor your intent.
A charitable trust allows you make a charitable gift to the Community Foundation and receive income payments for life or for a fixed number of years. Based on the type of trust you select, annual income is based on a percentage of assets or is a fixed amount.
At the end of the income period, the remainder of the assets will be placed into a permanent fund of the Community Foundation — either one you have already established or another fund at the Foundation. Grants from that fund will be made to honor your charitable wishes.
Naming the Community Foundation as a beneficiary of your life insurance policies or retirement account(s) is another way to create a charitable legacy. This type of gift allows you to preserve your assets for the good of the community while eliminating the income and estate tax that would otherwise be paid on these assets.
Once you’ve considered how you are going to fund your charitable giving, the next step is to determine what type of fund you would like to open. We are here to help you decide which option is best for you.
320 N. Broadway Street, Suite 260, Green Bay, WI 54303
P: (920) 432-0800 F: (920) 432-5577 Email Us
Board Login Dashboard Log In